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Reliable Ventures India Ltd (532124)

📊 BSE: 532124 🏢 Hotels & Resorts 📢 Latest filing: 14 Oct 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Reliable Ventures' revenue was ₹0.0 Cr, and net profit ₹-0.2 Cr (a smaller loss than a year earlier).

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹0.0	—	—
Operating profit	₹-0.1	loss narrowed	loss narrowed
Net profit	₹-0.2	loss narrowed	loss narrowed
EPS (₹)	0.49	from loss	from loss

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Incoming Promoters Acquire 54.08% Stake; Outgoing Promoters Reclassified to Public Category

🟡 NEUTRAL ⭐ 7/10

M&A 📅 14 Oct 2026, 03:58 PM

Reliable Ventures India Ltd announced the reclassification of its outgoing promoters to the public category following a change of management control. Under a Share Purchase Agreement dated June 2, 2026, the incoming promoters (Mr. Chennupati Sarath Kumar, Mr. Sivanag Vasireddy, and Ancla Technology Solutions India Pvt Ltd) agreed to acquire 59,55,815 equity shares (54.08% stake). A total of 59,54,012 shares were transferred in off-market transactions completed by September 7, 2026, with the remaining 1,803 shares in process. The outgoing promoter group has confirmed holding no board seats, special rights, or management roles, formalizing the transfer of control.

Incoming promoters agreed to acquire 59,55,815 equity shares representing 54.08% of total voting capital
59,54,012 shares transferred off-market between September 1 and September 7, 2026
Balance 1,803 shares are currently in process of depository transfer
Reclassification of outgoing promoters to public category is effective September 7, 2026
Nominees of the incoming promoters joined the Board of Directors on July 15, 2026

💡 Track subsequent strategic disclosures or operational plans from the new management, particularly any business revival strategies given the company generated zero TTM revenue.

Reliable Ventures Calls EGM on Oct 14 to Appoint MD at ₹1.75 Lakh/Month, Shift Office

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 22 Sep 2026, 04:18 PM

Reliable Ventures India Ltd has issued a notice for an Extra-Ordinary General Meeting (EGM) to be held on October 14, 2026. Shareholders will vote on appointing Mr. Sivanag Vasireddy as Managing Director for a 3-year term at a monthly remuneration of ₹1,75,000, along with appointments of three other directors. Additionally, the company seeks approval to shift its registered office from Madhya Pradesh to Telangana. The cut-off date for e-voting entitlement is fixed as October 7, 2026.

EGM scheduled for October 14, 2026, via Video Conferencing/OAVM
Cut-off date for e-voting is set as October 07, 2026
Appointment of Mr. Sivanag Vasireddy as Managing Director for 3 years at ₹1,75,000 per month
Appointment of Ms. Tirumalla Sai Navya as Independent Director for 5 consecutive years
Proposed shifting of the registered office from Madhya Pradesh to Telangana

💡 Track shareholder voting results following the October 14, 2026 EGM and subsequent regulatory approvals required for shifting the registered office to Telangana.

Reliable Ventures Appoints Sharvari Shinde as CS & Compliance Officer; Approves Q1 Results

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 14 Aug 2026, 06:00 PM

Reliable Ventures India Limited announced the outcome of its Board Meeting held on August 14, 2026. The Board approved the resignation of Mr. Shiv Singh Raghuwanshi as Company Secretary and Compliance Officer and appointed Mrs. Sharvari Swapnil Shinde to the role effective August 14, 2026. Additionally, M/s. Aakanksha Dubey & Co. was appointed as Secretarial Auditor for a 5-year term from FY 2026-27 to 2030-31, subject to shareholder approval. The company also approved its un-audited financial results for the quarter ended June 30, 2026, and appointed Ms. Sandari Sandhya Rani as Internal Auditor for FY 2026-27.

Resignation of Mr. Shiv Singh Raghuwanshi as Company Secretary and Compliance Officer effective August 14, 2026
Appointment of Mrs. Sharvari Swapnil Shinde as Company Secretary and Compliance Officer effective August 14, 2026
Appointment of M/s. Aakanksha Dubey & Co. as Secretarial Auditors for a tenure of 5 financial years (FY 2026-27 to 2030-31)
Appointment of Ms. Sandari Sandhya Rani as Internal Auditor for FY 2026-27

💡 Track subsequent shareholder approvals for the secretarial auditor appointment at the upcoming 34th Annual General Meeting.

Reliable Ventures Approves Q1 Results; Appoints New Company Secretary & Auditors

🟡 NEUTRAL ⭐ 4/10

EARNINGS 📅 14 Aug 2026, 05:56 PM

Reliable Ventures India Ltd reported its unaudited standalone financial results for the quarter ended June 30, 2026, alongside several administrative appointments. The board approved the appointment of Mrs. Sharvari Swapnil Shinde as Company Secretary & Compliance Officer effective August 14, 2026, following the resignation of Mr. Shiv Singh Raghuwanshi. Additionally, M/s Aakanksha Dubey & Co. was appointed as Secretarial Auditor for 5 years (FY27 to FY31) and Ms. Sandari Sandhya Rani as Internal Auditor for FY27. With market cap around Rs 30 Cr and near-zero operating revenue in recent quarters, financial performance remains muted.

Board approved unaudited financial results for the quarter ended June 30, 2026
Mrs. Sharvari Swapnil Shinde appointed as Company Secretary & Compliance Officer effective August 14, 2026
M/s Aakanksha Dubey & Co. appointed as Secretarial Auditor for 5 financial years (FY 2026-27 to 2030-31)
Ms. Sandari Sandhya Rani appointed as Internal Auditor for FY 2026-27

💡 Review the upcoming 34th Annual General Meeting notice and annual report for updates on operational plans or potential business revival.

Reliable Ventures Board Approves Q1 FY27 Results, Appoints New CS & Auditors

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 14 Aug 2026, 05:52 PM

Reliable Ventures India Limited held its board meeting on August 14, 2026, approving the unaudited financial results for the quarter ended June 30, 2026. The board accepted the resignation of Mr. Shiv Singh Raghuwanshi and appointed Mrs. Sharvari Swapnil Shinde as the new Company Secretary and Compliance Officer effective August 14, 2026. Furthermore, Ms. Sandari Sandhya Rani was appointed as Internal Auditor for FY 2026-27, and M/s. Aakanksha Dubey & Co. was appointed as Secretarial Auditor for a 5-year term from FY 2026-27 to FY 2030-31. The board also approved the notice and Directors' Report for the 34th Annual General Meeting.

Approved unaudited financial results and limited review report for the quarter ended June 30, 2026
Appointed Mrs. Sharvari Swapnil Shinde as Company Secretary & Compliance Officer w.e.f. August 14, 2026
Appointed M/s. Aakanksha Dubey & Co. as Secretarial Auditor for a period of 5 financial years (FY 2026-27 to FY 2030-31)
Appointed Ms. Sandari Sandhya Rani as Internal Auditor for FY 2026-27
Approved notice and Directors' Report for the 34th Annual General Meeting

💡 Track the full readable financial statements and AGM disclosures to monitor whether the company can revive operational revenue from its current zero-revenue base.

₹21 per share Open Offer for 26% stake in Reliable Ventures to open on August 14

🟡 NEUTRAL ⭐ 9/10

M&A 📅 14 Aug 2026, 08:16 AM

New acquirers led by Mr. Chennupati Sarath Kumar and Mr. Vasireddy Sivanag are launching an open offer to acquire 28,63,354 shares (26% stake) of Reliable Ventures India Ltd. The offer price is set at ₹21.00 per share, which is a ~21% discount to the current market price of ₹26.6. The tendering period is scheduled from August 14 to August 28, 2026. The acquirers have already taken board control as of July 15, 2026, and have fully funded the escrow account with ₹6.01 Cr.

Open offer price of ₹21.00 per share for 26.00% of the company's equity capital.
Tendering period confirmed from August 14, 2026, to August 28, 2026.
Escrow account funded with ₹6,01,30,434, representing 100% of the total offer consideration.
New management already inducted into the board on July 15, 2026, including a new Chairman and MD.
Company reported ₹0 revenue in TTM, indicating the entity is currently a shell for new business.

💡 Monitor the new management's business turnaround plan and asset injection strategy, as the company currently has no operational revenue. Note that the offer price is significantly below the current market price.

₹21.00 Open Offer: Independent Directors Recommend Acceptance for 26% Stake in Reliable Ventures

🟡 NEUTRAL ⭐ 9/10

M&A 📅 12 Aug 2026, 03:03 PM

The Committee of Independent Directors (IDC) of Reliable Ventures India Ltd has recommended an open offer for the acquisition of 28,63,354 shares (26% stake) at ₹21.00 per share. The offer is led by Mr. Chennupati Sarath Kumar and Ancla Technology Solutions India Pvt Ltd. While the IDC deems the price fair under SEBI regulations, the offer price of ₹21.00 is a 25% discount to the current market price of ₹28.00. This takeover attempt follows a period where the company reported zero TTM revenue and a net loss of ₹1 Cr.

Open offer for 28,63,354 equity shares representing 26% of the fully paid-up equity capital.
Offer price set at ₹21.00 per share, to be paid entirely in cash.
IDC unanimously approved the recommendation on August 11, 2026, citing compliance with SEBI (SAST) Regulations.
Acquirers include Ancla Technology Solutions India Private Limited and two individual investors.
The company currently operates with zero revenue as per FY26 and TTM data.

💡 Investors should note that the offer price (₹21.00) is significantly lower than the current market price (₹28.00). Tendering shares in the open offer may not be financially optimal compared to selling in the open market, unless liquidity is an issue.

Board Meeting Rescheduled to August 14, 2026, for Q1 FY27 Results

🟡 NEUTRAL ⭐ 2/10

BOARD_MEETING 📅 08 Aug 2026, 12:57 PM

Reliable Ventures India Ltd has rescheduled its Board of Directors meeting from August 12, 2026, to August 14, 2026. The primary agenda is to consider and approve the unaudited financial results for the quarter ended June 30, 2026. This comes at a time when the company has reported zero revenue for the trailing twelve months (TTM) and a net loss of Rs 1 Cr. The Audit Committee will also meet on the same day to review the results prior to the board's approval.

Board meeting rescheduled from August 12, 2026, to August 14, 2026
Meeting agenda includes approval of unaudited financial results for the quarter ended June 30, 2026
Audit Committee meeting also rescheduled to August 14, 2026
Company reported Rs 0.0 Cr revenue in the most recent quarter (March 2026)

💡 Monitor the financial results on August 14, 2026, to check for any resumption of operational revenue, as the company has reported zero revenue for several consecutive quarters.

₹21.00 Open Offer for 26% Stake in Reliable Ventures India Ltd

🟡 NEUTRAL ⭐ 9/10

M&A 📅 07 Aug 2026, 03:54 PM

A group of three acquirers, including Ancla Technology Solutions India Pvt Ltd, has issued a formal Letter of Offer to acquire up to 28,63,354 equity shares (26% stake) of Reliable Ventures India Ltd. The offer price is set at ₹21.00 per share, which represents a discount to the current market price of ₹24.1. The total potential cash outlay for the offer is approximately ₹6.01 crore. This open offer follows the SEBI (SAST) Regulations for substantial acquisition of shares and control.

Offer price of ₹21.00 per share is approximately 12.8% lower than the current market price of ₹24.1
Acquisition target is 28,63,354 shares, representing 26.00% of the total voting capital
Tendering period is scheduled to open on August 14, 2026, and close on August 28, 2026
The company currently reports zero TTM revenue and a net loss of ₹1 crore
Last date for any upward revision of the offer price is August 13, 2026

💡 Investors should monitor the market price relative to the ₹21.00 offer price; tendering is currently unattractive as the market price is higher. Watch for any potential upward revision of the offer price by the acquirers before the August 13 deadline.

Board Meeting on August 12, 2026, to Approve Q1 FY27 Financial Results

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 01 Aug 2026, 02:40 PM

Reliable Ventures India Ltd has scheduled a board meeting for August 12, 2026, to review and approve financial results for the quarter ended June 30, 2026. The company is a micro-cap with a market capitalization of Rs 29 crore and has reported zero revenue for the last four consecutive quarters. In FY26, the company recorded a net loss of Rs 0.89 crore. This meeting is a routine regulatory requirement but remains critical for investors to check for any signs of operational revival.

Board meeting scheduled for August 12, 2026, at 4:30 P.M.
Audit Committee to meet on the same day prior to the board meeting to review results.
Financial results to be considered for the quarter ended June 30, 2026.
Company reported Rs 0 revenue in the most recent quarter ended March 2026.
Net loss for the full year FY26 stood at Rs 0.89 crore.

💡 Monitor the Q1 FY27 results on August 12 to see if the company has resumed any revenue-generating operations, as TTM revenue currently stands at Rs 0.

26% Open Offer at ₹21/share: Reliable Ventures Sets July 31 as Identified Date

🔵 WATCH ⭐ 9/10

M&A 📅 30 Jul 2026, 02:59 PM

Reliable Ventures India Ltd has announced July 31, 2026, as the identified date for its ongoing open offer to public shareholders. The offer involves the acquisition of up to 28,63,354 shares (26% stake) by a group of acquirers including Ancla Technology Solutions India Pvt Ltd. The offer price is fixed at ₹21 per share, which is a ~15% discount to the current market price of ₹24.7. This move is significant as the company currently reports zero operational revenue and a TTM loss of ₹1 crore.

Open offer to acquire up to 28,63,354 fully paid-up equity shares.
Offer represents 26.00% of the total voting share capital of the company.
Offer price set at ₹21 per share, totaling an offer size of approximately ₹6.01 crore.
Identified date for sending the Letter of Offer is fixed as July 31, 2026.
Acquirers include Mr. Chennupati Sarath Kumar, Mr. Vasireddy Sivanag, and Ancla Technology Solutions.

💡 Shareholders should monitor the receipt of the Letter of Offer and evaluate the new acquirers' background, as the company currently has no revenue and the offer price is below the current market price.

Resignation of Chairman and MD Sikndar Hafiz Khan Effective July 15, 2026

🔵 WATCH ⭐ 7/10

MANAGEMENT 📅 15 Jul 2026, 10:11 PM

Mr. Sikndar Hafiz Khan has resigned from his roles as Chairman, Managing Director, and Director of Reliable Ventures India Ltd effective July 15, 2026. The resignation is specifically attributed to a 'change in management,' which suggests a potential shift in the company's control or strategic direction. No immediate successor was named in the filing. Given the company's presence in the Hotels & Resorts sector and its micro-cap status, this leadership exit is a significant event for shareholders to monitor.

Mr. Sikndar Hafiz Khan resigned as Managing Director and Director effective July 15, 2026
The resignation letter cites 'change in management' as the primary reason for the exit
The outgoing official held the dual leadership roles of Chairman and Managing Director
The company's 12-month price return stands at -6.7% as of the announcement date

💡 Investors should watch for upcoming board meeting intimations regarding the appointment of a new Managing Director and further disclosures explaining the 'change in management' mentioned in the resignation letter.

3 Directors Resign from Reliable Ventures India Ltd Effective July 15, 2026

🔵 WATCH ⭐ 7/10

MANAGEMENT 📅 15 Jul 2026, 09:11 PM

Reliable Ventures India Ltd has announced the simultaneous resignation of three board members effective July 15, 2026. Ms. Sanober Bano (Director) cited a 'change in management' as the reason for her departure, while Independent Directors Mr. Guntupalli Siva Rama Krishna and Mr. Gopinathan Panchena cited 'personal reasons.' Notably, Mr. Panchena served as the Chairperson of the Audit, Nomination and Remuneration, and Stakeholders Relationship Committees. This mass exit represents a significant turnover in the company's governance structure and suggests potential underlying corporate changes.

3 directors resigned simultaneously on July 15, 2026, including two independent directors.
Ms. Sanober Bano (DIN: 07139513) specifically cited a 'change in management' as the reason for her resignation.
Mr. Gopinathan Panchena (DIN: 00992671) resigned as Chairperson of the Audit, NRC, and Stakeholders Relationship Committees.
Mr. Guntupalli Siva Rama Krishna (DIN: 08080498) resigned as a member of the same three key board committees.
The company must now fill these vacancies to remain compliant with SEBI LODR committee composition requirements.

💡 Investors should monitor for subsequent filings regarding new board appointments and potential disclosures related to a change in promoter or management control, as hinted in the resignation letters.

Reliable Ventures Overhauls Board: Appoints Sivanag Vasireddy as MD; 4 Directors Resign

🔵 WATCH ⭐ 7/10

MANAGEMENT 📅 15 Jul 2026, 09:06 PM

Reliable Ventures India Ltd has announced a major leadership transition effective July 15, 2026. The company accepted the resignation of its Managing Director, Mr. Sikndar Hafiz Khan, along with three other directors (one Non-Executive and two Independent). Simultaneously, the board appointed Mr. Sivanag Vasireddy as the new Managing Director for a 3-year term, alongside three other new directors. This wholesale change in the board composition suggests a potential shift in strategic direction for the hospitality firm.

Resignation of Managing Director Mr. Sikndar Hafiz Khan effective July 15, 2026
Appointment of Mr. Sivanag Vasireddy as Managing Director for a 3-year term
Total of 4 board members resigned and 4 new members were appointed on the same day
New MD brings 14+ years of experience in IT and digital transformation
Ms. Tirumalla Sai Navya appointed as Independent Director for a 5-year term

💡 Investors should monitor upcoming shareholder meetings for the formal approval of these appointments and watch for any strategic shifts or diversification plans announced by the new management, particularly given the new MD's technology-heavy background.

4 Directors Resign as Reliable Ventures Appoints Sivanag Vasireddy as New MD

🔵 WATCH ⭐ 7/10

MANAGEMENT 📅 15 Jul 2026, 09:00 PM

Reliable Ventures India Ltd has undergone a significant leadership overhaul effective July 15, 2026. Mr. Sivanag Vasireddy, a technology professional with over 14 years of experience, has been appointed as the new Managing Director for a 3-year term, replacing Mr. Sikndar Hafiz Khan. In total, four directors resigned and four new directors were appointed, including individuals with backgrounds in capital markets and education. This wholesale change in the board suggests a potential shift in the company's strategic or operational direction.

Appointment of Mr. Sivanag Vasireddy as Managing Director for a 3-year term effective July 15, 2026
Resignation of 4 board members including the Managing Director and two Independent Directors
Induction of Mr. Pradhip Kumar Gogula as Additional Non-Executive Director with 22+ years of capital markets experience
Appointment of Ms. Tirumalla Sai Navya as an Independent Director for a 5-year term
New MD brings 14+ years of experience in AI, Cloud Computing, and Cybersecurity to the hospitality firm

💡 Investors should monitor upcoming quarterly results and management commentary to understand if this leadership change signals a pivot in the business model or a digital transformation strategy.

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